$5,000,000

218 & 220 Beaver Street, Banff, Alberta

0.24

Acres

A2226003

MLS® Number

128

Days on Market

$250,000

Price Change

For Sale

Listing Type

$5,000,000 | NONE Banff Hotel/Motel for Sale at 218 & 220 Beaver Street Banff

Situated on two full town lots in the core of Banff, Alberta—one of Canada’s most iconic national park destinations—Beaver Street Cabins presents a singular opportunity for investors seeking both stability and upside in a tightly held market. This legal, B&B Inn licensed hospitality property is forecast to generate $341,000 in net revenue for 2025 delivering a favourable cap rate in a world renowned resort market. What sets this property apart is its status as one of only eight of B&B Inns licensed in the Town of Banff—an increasingly rare asset due to tightened municipal regulations. The current configuration offers steady income from a collection of well-maintained heritage cabins, beloved by international visitors year-round; currently the cabins have the capacity for 20 guests in one and two bedroom arrangements. Visitors from around the globe visit to ski, hike, explore the mountains, and visit Banff Avenue which is just steps away. In addition to the guest spaces, there is a residential unit for an onsite owner or manager. Beyond its existing income stream, the real potential lies in the site’s approved redevelopment pathway. Backed by over $200,000 in architectural planning and consultations with the Town, future owners have the ability to reimagine the property—retaining a single historic structure while rebuilding the remainder to modern boutique hospitality standards. With zoning and licensing already in place, the groundwork has been laid for a one-of-a-kind repositioning. For investors looking to diversify their portfolio with a high-performing, lifestyle-aligned asset in a location with significant barriers to entry, Beaver Street Cabins is a generational acquisition.

Financial and Mortgage

List Price $5,000,000
Previous Price $5,250,000
Price Reduction $250,000
Monthly Payment $20,849/month
Get Prequalified
Days on Market 128

218 & 220 Beaver Street Details

Show Less

Construction and Lot

Bathrooms 0.00
Has Basement No
Foundation Other
Roof Asphalt Shingle
Heating Forced Air, Baseboard

Exterior of 218 & 220 Beaver Street

Lot Size Square Feet 10450.00
Listing Frontage 24.45M 80`3"
Type Commercial
Sub-Type Hotel/Motel

Interior

Fireplace No

Measurements

Lot Size Square Feet 10450.00
Listing Frontage 24.45M 80`3"

NONE Information

About NONE in Banff

Address 218 & 220 Beaver Street
Subdivision NONE
City Banff
County Improvement District No. 09 (Banff)
Province Alberta
Postal Code T1L 1B2
Office/Brokerage Sotheby's International Realty Canada

NONE Map, Demographics, Characteristics

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